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Please help, answer question show work based on required info. Will rate accordingly. Required information [The following information applies to the questions displayed below.) Preble
Please help, answer question show work based on required info. Will rate accordingly.
Required information [The following information applies to the questions displayed below.) Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: $ 50.00 Direct material: 5 pounds at $10.00 per pound Direct labor: 3 hours at $14 per hour Variable overhead: 3 hours at $4 per hour Total standard variable cost per unit 42.00 12.00 $104.00 The company also established the following cost formulas for its selling expenses: Fixed Cost per Month $ 390,000 $ 480,000 Variable Cost per Unit Sold Advertising Sales salaries and commissions Shipping expenses $31.00 $22.00 The planning budget for March was based on producing and selling 29,000 units. However, during March the company actually produced and sold 34,200 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $9.50 per pound. All of this material was used in production. b. Direct-laborers worked 74,000 hours at a rate of $15.00 per hour. c. Total variable manufacturing overhead for the month was $457,050. d. Total advertising, sales salaries and commissions, and shipping expenses were $400,000, $550,000, and $305,000, respectively. 9. What variable manufacturing overhead cost would be included in the company's flexible budget for March
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